What triggered Cardano’s buying spree for short time

Cardano, one of the most trending assets witnessed immense buying activity within a relatively shorter time frame. But you ask, what was the reason behind the unprecedented spark? All credit goes to… Well, different aspects have helped the token reach a significant mark. At the time of writing, ADA traded above the $0.54 mark on … Read more

Cardano’s founder finally breaks silence as ADA goes mooning

Former Ethereum executive and Cardano [ADA] founder, Charles Hoskinson, recently broke his silence on the Vasil hard fork upgrade. Recall that Hoskinson had not made any public comment on this issue since Cardano confirmed there would be a delay.  In a video which he named “Some Brief Comments on Vasil,” released via his Twitter page, … Read more

Is ADA making an effort to take over XRP’s position amid rising market cap

Cardano’s [ADA] move to improve scalability within its network may have been delayed. However, the Proof-of-Stake (PoS)-based cryptocurrency did not seem to be bothered about the development.  As of 29 July, ADA flipped Ripple [XRP] to become the seventh largest cryptocurrency in market value. Delay not denial According to Santiment, the flip happened as ADA’s … Read more

Cardano long-term investors can wait to buy strength here

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Cardano has been in a steady downtrend since April. Going further back, Cardano reached its apex in September of 2021, when the coin hit its all-time high (ATH) of $3.1. In the past couple … Read more

Cardano traders can expect this firework in coming week

Cardano has had a difficult journey in 2022. Despite showcasing strong development fundamentals, ADA’s price failed to reciprocate the same. This has been one of the reasons why ADA didn’t see a massive demand from investors in the recent rally. However, this scenario might change soon as traders could expect some fireworks as the network … Read more

Cardano’s aggressive traders can short ADA with stop-loss above…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bitcoin [BTC] has surprised many market participants over the past week as it posted an impressive 22% rally. Ethereum [ETH] led the bull party. After reaching its month-long range lows, Ethereum rocketed northward by nearly … Read more

Cardano: How whaling losses are making ADA a strong contender

The crypto market has just concluded another interesting week which had a bearish start, followed by a mid-week rally. Cardano’s ADA moved in tandem with the market but its recovery was unenthusiastic and failed to reach its previous levels. ADA bottomed out at $0.40 after retesting its short-term descending support line. It bounced back by … Read more

Cardano [ADA] whales are back fishing after a strong retest – Here’s what’s next

Cardano’s ADA has been fairly bearish on the charts over the last 12 month. However, its fortunes might be about to change now that whales are finding it attractive at lower prices. Cardano’s supply distribution metrics on Santiment seemed to provide a clear look at what the top addresses have been doing during the bear … Read more

Can Cardano [ADA] see a 140% rally in a few months?

Cardano [ADA], the eighth-largest cryptocurrency, has showcased some vital signs of life in the past two weeks. Kudos to the developments across the network that really triggered investors’ confidence. However, that being said, the network’s native token, ADA, didn’t quite show the same enthusiasm. At press time, ADA was trading around the $0.46 mark after … Read more

Are Terra developers migrating to AVAX, SOL, MATIC & ADA? The metrics say…

TerraUSD [UST] coming loose from its peg didn’t just drag down the price of the stablecoin, but led to LUNA’s market cap also diving and sent a shockwave of fear and anger through the communities participating in these projects. But it’s not just a question of price, as investors speculated that Terra developers would migrate … Read more